Melaka
Melaka Tengah
Bkt Katil
TAMAN MUZAFFAR HEIGHTS

TAMAN MUZAFFAR HEIGHTS

Area Intelligence

2021

Median Price

RM 552,500

PSF: RM 218

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Residential PSF Trends

Median Price

RM 505,000

PSF: RM 228

TAMAN MUZAFFAR HEIGHTS in Melaka Tengah, Melaka recorded 2 subsale transactions in 2021, priced between RM 500K and RM 1.00 million, with a median price of RM 553K and a median price per square foot (PSF) of RM 218.

This area contains both residential and commercial properties. View 33 residential properties or 5 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 553K, with most transactions falling within a stable range of RM 505K to RM 600K, and a typical market range of RM 505K to RM 600K.

Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.

For price per square foot, the median is RM 218, with most transactions between RM 208 and RM 228. The usual range is RM 154.62 to RM 281.12, showing that most units are priced quite close to each other. With an IQR of RM 126.50 and MAD of RM 10, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN MUZAFFAR HEIGHTS, Melaka Tengah, Melaka

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